What is Erste Group Bank's Estimate for AEM FY2027 Earnings?

Key Points

• Erste Group Bank raised its FY2027 EPS estimate for Agnico Eagle Mines to $12.67 from $12.54, well above the current consensus estimate of $11.58.
• Agnico Eagle Mines recently reported quarterly EPS of $3.05, beating expectations of $2.89, while revenue increased 35% year over year to $3.77 billion.
• Analyst sentiment remains favorable, with 12 Buy ratings and five Holds, producing a consensus “Moderate Buy” rating and an average price target of $226.

Agnico Eagle Mines Limited (NYSE:AEM - Free Report) TSE: AEM - Research analysts at Erste Group Bank raised their FY2027 EPS estimates for shares of Agnico Eagle Mines in a research note issued to investors on Tuesday, September 8th. Erste Group Bank analyst H. Engel now anticipates that the mining company will post earnings per share of $12.67 for the year, up from their prior estimate of $12.54. The consensus estimate for Agnico Eagle Mines' current full-year earnings is $11.58 per share.

A number of other research analysts also recently issued reports on the company. Weiss Ratings downgraded Agnico Eagle Mines from a "buy (b)" rating to a "buy (b-)" rating in a report on Thursday, July 2nd. Zacks Research upgraded Agnico Eagle Mines from a "strong sell" rating to a "hold" rating in a report on Monday. Barclays decreased their target price on Agnico Eagle Mines from $210.00 to $188.00 and set an "overweight" rating for the company in a research report on Wednesday, July 15th. Royal Bank Of Canada lowered their target price on shares of Agnico Eagle Mines from $230.00 to $210.00 and set a "sector perform" rating on the stock in a research note on Thursday, July 9th. Finally, Canadian Imperial Bank of Commerce set a $285.00 price target on shares of Agnico Eagle Mines in a report on Thursday, July 16th. Twelve analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $226.00.

Agnico Eagle Mines Stock Performance

Shares of AEM opened at $196.32 on Friday. The company has a market cap of $99.52 billion, a price-to-earnings ratio of 16.79, a P/E/G ratio of 2.51 and a beta of 0.67. The business's fifty day simple moving average is $173.49 and its two-hundred day simple moving average is $186.27. Agnico Eagle Mines has a 12 month low of $134.38 and a 12 month high of $255.24. The company has a current ratio of 2.86, a quick ratio of 2.02 and a debt-to-equity ratio of 0.01.

Agnico Eagle Mines (NYSE:AEM - Get Free Report) TSE: AEM last issued its earnings results on Wednesday, July 29th. The mining company reported $3.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.89 by $0.16. The firm had revenue of $3.77 billion for the quarter, compared to the consensus estimate of $3.78 billion. Agnico Eagle Mines had a net margin of 40.44% and a return on equity of 22.04%. The business's revenue was up 35.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.94 earnings per share.

Hedge Funds Weigh In On Agnico Eagle Mines

Institutional investors and hedge funds have recently modified their holdings of the company. Deutsche Bank AG bought a new position in shares of Agnico Eagle Mines in the 2nd quarter worth approximately $1,362,158,000. Norges Bank bought a new stake in Agnico Eagle Mines during the fourth quarter valued at approximately $1,367,783,000. Connor Clark & Lunn Investment Management Ltd. bought a new stake in Agnico Eagle Mines during the second quarter valued at approximately $927,602,000. Bank of America Corp DE purchased a new stake in Agnico Eagle Mines during the second quarter valued at approximately $844,096,000. Finally, The Manufacturers Life Insurance Company purchased a new stake in Agnico Eagle Mines during the second quarter valued at approximately $608,054,000. 68.34% of the stock is currently owned by hedge funds and other institutional investors.

More Agnico Eagle Mines News

Here are the key news stories impacting Agnico Eagle Mines this week:

• Positive Sentiment: Strong fundamentals support longer-term upside. An analysis highlighted robust first-half 2026 results, upgraded revenue and adjusted-income estimates, and attractive forward valuation multiples despite risks to gold prices from potentially higher interest rates. Agnico Eagle Mines: Continued Upside Despite Risks To The Price Of Gold
• Positive Sentiment: Record cash generation and a strong balance sheet remain key catalysts. Commentary cited second-quarter free cash flow of approximately $1.34 billion, margins above $3,000 per ounce and a net cash position of about $3.27 billion. Finland asset consolidation and targeted investments could support 20%–30% long-term production growth. Agnico Eagle: The Best Gold Miner Just Went On Sale Again
• Positive Sentiment: Asset monetization and renewable-power development could improve capital allocation. AEM agreed to sell its Delta and Helm Bay projects to Vizsla Copper for C$32 million in shares while retaining royalties and potential milestone payments. Separately, a C$20 million Canada Infrastructure Bank loan is advancing an Inuit-led wind project intended to supply AEM’s Hope Bay operation, potentially reducing diesel dependence. Agnico Eagle to Sell Delta and Helm Bay Projects to Vizsla Copper

Agnico Eagle Mines Company Profile

Agnico Eagle Mines Limited is a Canadian-based gold mining company engaged in the exploration, development and production of gold and other mineral resources. The company's primary product is gold, with silver and other byproducts also recovered from certain operations. Its activities include operating mines, advancing development projects and conducting exploration to expand and replace mineral reserves.

Founded in 1957 through the merger of Agnico Mines and Eagle Mines, Agnico Eagle has grown into one of the world's major gold producers.

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